XRP lawsuit pending Ripple, SECHis claim in the case was justified by the fact that Daubert did not oppose the motions.
James K. FilanAccording to updates cited by the SEC, in Daubert’s motions, the SEC did not object to Ripple protecting the identities of non-parties and certain Ripple employees and personal financial information for a Ripple employee.
No SEC Objection to Ripple’s Request in Litigation
long-standing Rippleand SEC There have been new developments in the XRP case between the parties. The development has slightly strengthened Ripple’s hand in the case. The developments were announced by James K. Filan on Twitter.
#XRPCommunity #SECGov v. #Ripple #XRP The SEC, for purposes of Daubert motions only, doesn't object to Ripple's request to seal (1) identities of non-parties; (2) identities of certain Ripple employees; and (3) personal financial information for a Ripple employee. pic.twitter.com/58gH46tks1
— James K. Filan 🇺🇸🇮🇪 120k (beware of imposters) (@FilanLaw) August 26, 2022
In his statement, James K. Filan stated that the SEC does not object to the request to protect the identities of third parties, including Ripple’s employees and business partners, which was also mentioned in the Daubert actions.
Judge Torres‘to RippleIn a response to privacy requests, the SEC said:
“Based on the defendants’ statements that they consider the confidentiality standards for the Daubert motions to be different from the summary judgment motions, the SEC does not contest the defendants’ motion.”
He also said in the SEC response:
“In doing so, the SEC does not recognize that the above categories of information must be properly confidential for summary decision briefing and reserves the right to challenge similar confidentiality requests for summary judgment.”
